West Craven Band Boosters Inc

Analysis

West Craven Band Boosters Inc is a registered charity in United States, based in Vanceboro, NC. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, West Craven Band Boosters Inc reported income of $78k and spending of $82k, spending 106% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $65k to $78k (+20%), an average of +9.5% a year. The sharpest change came in the year to May 2023, when income rose by 35%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Craven Band Boosters Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Glacier High School Booster Club ($78k), Parent Booster USA Inc ($78k) and Womens Voices Raised for Social Justice ($78k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. At year end it held assets of $12k against liabilities of $1,241, net assets of $11k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.